Lenovo Sales Jump 33%, Led By China

By | February 4, 2010

BEIJING — Lenovo Group, the No. 4 PC maker, reported its second straight quarterly profit Thursday as strong sales in China drove its recovery from the global downturn. Profit for the three months ending Dec. 31 was $80 million, or 86 cents a share, compared with a $97 million loss for the same period of 2008, said Lenovo, based in Beijing and in Morrisville, N.C. Sales rose 33% to $4.8 billion, driven by a 45% increase in China, where Lenovo is

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Lenovo Sales Jump 33%, Led By China